Description
Content: Experts: Swing Killer Live.ex4, Swing Killer Demo.ex4, AutoTrading Scheduler.ex4 (Unlocked for MT4 Build 1420+), Indicator: SMC Reversal Arrow.ex4, Presets: Pips TP Set File, Change lots to suit.set.set, Document: Installation Guide.txt
Swing Trader Robot uses institutional levels in overbought and oversold markets. Banks target these areas and can have big movements.
This robot was also coded to help pass any prop firm account with any size.
The Swing Killer Forex robot for Metatrader 4 is a profitable EA that identifies the key overbought and oversold technical levels.
Generally speaking, the robot looks for either trend reversal or trend continuation signals around these levels.
For example:
- In an uptrend, it waits for the price to reach key oversold levels and then enters a long trade using a buy pending order.
- In a downtrend, it waits for the price to reach key overbought market levels and then enters a short trade using a pending short order.
The expert advisor made an amazing +316.53% profit in 3 years of trading with a very acceptable 8.65% drawdown.
It works on any currency pair of your preference, however, since it’s a scalper EA, deploy it on the low spread currency pairs.
All trades are fully secured by a stop loss and take profit order. Stop losses are based on the Average True indicator (ATR).
As always, please test the EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Recommendations & Specifications
- Optimized for the M5 trading charts.
- Should work for any time frame.
- Preferred low spread currency pairs.
- Minimum account balance: $125
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Select lots, type, take profit type, stop loss type, use break-even, use trailing stop, ATR settings.
